Zinc Futures Rise on Strong Demand - PTI
May 06, 2024 13:58
Zinc prices rose on the Multi Commodity Exchange due to increased demand from consuming industries. Futures contracts for May delivery traded higher at Rs 259.45 per kg.
New Delhi, May 6 (PTI) Zinc prices on Monday rose Rs 1.65 to Rs 259.45 per kilogram in the futures trade amid a pick up in spot demand.
On the Multi Commodity Exchange, zinc contracts for May delivery traded higher Rs 1.65 or 0.64 per cent at Rs 259.45 per kg with a business turnover of 4,140 lots.
Marketmen said the widening of positions by participants, following a pick-up in demand from consuming industries kept zinc prices higher in the futures trade.
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